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Bukalapak Reportedly Received IDR 3.4 Trillion from Microsoft, GIC
April 16, 2021
E-commerce startup, Bukalapak is reported to have earned investment of US$ 234 million or around IDR 3.4 trillion. This funding round was led by Microsoft, Singapore’s GIC sovereign wealth fund, and Indonesian media conglomerate Emtek. ...
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GIC Injecting Bank Jago, Massive Singapore Corporations
March 1, 2021
The Singapore Government-owned investment fund manager, GIC Private Limited, has injected US$ 225 million or around IDR 3.15 trillion into PT Bank Jago Tbk. Previously, jumbo startups from neighboring countries such as parent Shopee, Sea ...
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